Tesco PLC (LON:TSCO)
London · Delayed Price · Currency is GBP · Price in GBX 463.60
-3.00 (-0.64%)
Jul 6, 2026, 12:44 PM GMT
Tesco Stock Forecast
Stock Price Forecast
According to 15 analysts polled by S&P Global, Tesco stock has a consensus rating of "Buy" and an average price target of 514p. The average 1-year stock price forecast is 10.80% higher than the current stock price, while the lowest is 460p (-0.78%) and the highest is 550p (+18.64%).
Price Target: 514p (+10.80%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Tesco stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 3 | 3 | 3 | 4 | 5 | 5 |
| Hold | 4 | 5 | 5 | 5 | 4 | 4 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Deutsche Bank No rating | Deutsche Bank | Buy Reiterates 500p → 525p | Buy | Reiterates | 500p → 525p | +13.24% | Jun 23, 2026 |
| Barclays | Barclays | Buy Reiterates 515p | Buy | Reiterates | 515p | +11.09% | Jun 19, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains 560p | Buy | Maintains | 560p | +20.79% | Jun 18, 2026 |
Unknown Analyst Shore Capital No rating | Shore Capital | Buy Reiterates 525p | Buy | Reiterates | 525p | +13.24% | Jun 12, 2026 |
| Bernstein | Bernstein | Buy Maintains 520p | Buy | Maintains | 520p | +12.17% | Jun 6, 2026 |
Financial Forecast
Revenue This Year
74.96B
from 73.71B
Increased by 1.69%
Revenue Next Year
77.01B
from 74.96B
Increased by 2.73%
EPS This Year
0.31
from 0.29
Increased by 6.50%
EPS Next Year
0.34
from 0.31
Increased by 8.68%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 75.8B | ||
| Avg | 75.0B | ||
| Low | 74.3B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 2.8% | ||
| Avg | 1.7% | ||
| Low | 0.7% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 0.32 | ||
| Avg | 0.31 | ||
| Low | 0.30 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 11.4% | ||
| Avg | 6.5% | ||
| Low | 2.4% |